The online beauty and personal care market is estimated to reach $161.4 billion by 2032, growing at a CAGR of 11.7% from 2023 to 2032.
— Allied Market Research
WILMINGTON, DELAWARE , UNITED STATES, August 31, 2024 /EINPresswire.com/ — The global beauty and personal care market sights a critical opportunity in gaining traction and increasing its customer reach among its target segments through social media marketing strategy. The rise in participation of working women creates an opportunity for countries to increase the size of their workforce and achieve additional economic growth. In addition, a greater number of working women leads to the rise in the online beauty and personal care market demand.
The online beauty and personal care market was valued at $54.2 billion in 2022, and is estimated to reach $161.4 billion by 2032, growing at a CAGR of 11.7% from 2023 to 2032.
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The online beauty and personal care market is analyzed on the basis of product category, gender, nature, and region. On the basis of product category, the market is segmented into skin & sun care products, hair care products, deodorants & fragrances, makeup & color cosmetics, and others. On the basis of gender, the market is categorized into men, women, and unisex. On the basis of nature, the online beauty and personal care market is bifurcated into organic and conventional. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
As per online beauty and personal care market analysis on the basis of product category, the skin and sun care segment dominated the market in 2022.
On the basis of gender, the women segment dominated the market in 2022 and is expected to maintain its dominance during the forecast period.
As per online beauty and personal care market trends, on the basis of nature, the organic segment is expected to witness the highest growth during the forecast period.
On the basis of region, Asia-Pacific accounted for the highest online beauty and personal care market share in 2022 and is expected to grow at a CAGR of 12.2% during the forecast period.
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the online beauty and personal care market analysis from 2022 to 2032 to identify the prevailing online beauty and personal care market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the online beauty and personal care market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the online beauty and personal care market statistics of the regional as well as global online beauty and personal care market trends, key players, market segments, application areas, and market growth strategies.
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Avon Products, Inc.
Beiersdorf AG
Church & Dwight Co., Inc.
Henkel AG & Co. KGaA
Johnson & Johnson
Kao Corporation
Koninklijke Philips N.V.
L’Occitane International SA
L’Oréal S.A.
Oriflame Cosmetics AG
Reckitt Benckiser Group PLC
Shiseido Company, Limited
Procter & Gamble Company
Unilever
Estée Lauder Companies Inc.
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David Correa
Allied Market Research
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